(Selected information from the Prospectus)

Legal grounds for the issuance of common bearer shares series E was the Resolution No 2 of the General Shareholders Meeting of 16 March 2006. The shareholder INTERCONTACT Werbeagentur GmbH gave consent for excluding the rights of the so-far issuers pursuant to the provisions of §9 of the Company’s Articles of Association.
Legal grounds for the application to list shares series B, series C2, series D, series E, Allotment Certificates series D, and Allotment Certificates series E admitted to trading on a regular market was Regulation No 4 of the Extraordinary Shareholders Meeting of 16 March 2006 on authorizing the Company’s Management Board to carry out all actions necessary for admitting shares and Allotment Certificates to trading on a regular market.

On 14 June 2006 Polish Securities and Exchange Commission approved of the Prospectus of INTERPSORT Polska S.A.

The Public Offer was executed on the following dates:
•    Bookbuilding: from 21 June to 23 June 2006  (on the last day until 15.00),
•    Opening of the public subscription: 27 June 2006,
•    Subscription: from 27 June 2006  to 29 June 2006,
•    Closing of public subscription: 29 June 2006.

Under Public Offer in total 2,500,000 common bearer shares of E-series were offered, each of the nominal value of PLN 0.10 of the total nominal value of PLN 250,000.00. They were offered by the Issuer with the waiver of the pre-emptive rights of the so-far shareholders.

Based on the Prospectus, it was planned to introduce to trading on official stock-exchange market in total up to 7 266 668 ahares of the Issuer of the total value of PLN 0.10 each and total nominal value of PLN 726,666.80, including:

•    3 500 000 common bearer shares series B.
•    1 166 668 common bearer shares series C2,
•    up to 1000 000 common bearer shares series D,
•    up to 2 500 000 common bearer shares series E.
Additionally, it was planned to introduce to trading on official stock-exchange market up to 1000 000 Allotment Certificates to shares series D and up to 2 500 000 Allotment Certificates to shares series E.

Maximum share issuing price was set at the level of PLN 12.0. After bookbuilding the Company’s Management Board set the issuing price at PLN 8 (eight).

Common bearer shares series E were offered to investors under Public Offer in the following tranches:
•    Open Tranche. Within this tranche 625 000 common bearer shares series E were offered,
•    Large Investors Tranche. Within this tranche 1 225 000 common bearer shares series E were offered,
•    INTERSPORT Tranche. Within this tranche 625 000 common bearer shares series E were offered.

All shares of series E, i.e. 2 500 000 shares were allocated. The Management Board of INTERSPORT Polska S.A. made no shifts between the tranches.
Therefore allocations were as follows:
•    625 000 common bearer shares series E in the Open Tranche,
•    1 225 000 common bearer shares series E in Large Investor Tranche,
•    650 000 common bearer shares series E in the INTERSPORT Tranche.
The allocation rate in the Open Tranche for individuals exempted from allocation preferences was equal to 44.58%. During bookbuilding investors reported demand for 7 408 670 shares at the price not lower than the fixed share issuing price.

At the session on 11 July 2006 the shares of INTERSPORT Polska S.A. were successfully listed at the Warsaw Stock Exchange. Share issuing price was equal to PLN 8.00. PDA opening rate on the listing date was equal to PLN 8.30 (the increase of 3.75% was noted).